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Describe the "IF" Function in Excel

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Essay

Describe the "IF" function in Excel.


Definitions:

Perfectly Negatively Correlated

Describes two variables that move in opposite directions; if one increases, the other decreases.

Global Minimum Variance Portfolio

An investment portfolio that is designed to have the lowest possible risk (variance) for the expected return, part of modern portfolio theory.

Standard Deviation

A measure of the dispersion or variability in a set of data points, indicating the degree of risk or volatility.

Probability Distribution

A statistical tool that maps out every possible outcome along with its probability for a random variable within a predefined scope.

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